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New Market, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – June 10, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (6/10/16) not including new construction there are 47 such homes on the market FOR SALE, another 45 under contract, and 27 that have sold in the last 30 days. Thus the absorption rate (47/27) shows a 1.74 month inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.03 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale, and none that have successfully completed the sales process in the last 30 days.There is at the time of this report, 1 two-bedroom existing deta...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 31, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (5/31/16) not including new construction there are 47 such homes on the market FOR SALE, another 46 under contract, and 23 that have sold in the last 30 days. Thus the absorption rate (47/23) shows a 2.04 month inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being .79 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale, and none that have successfully completed the sales process in the last 30 days.There is at the time of this report, 1 two-bedroom existing detach...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 31, 2016 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (5/31/2016) there are 8 such homes on the market FOR SALE, another 9 under contract, and 3 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (8/3) shows a 2.66 month inventory, what is to be considered a sellers market. Three BedroomsThere are 4 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $234,900 to $469,900; with the median being $385,535.  The days on market for these homes ranges from 1 week (4 day) to approaching 3 months (82 days); with the median being approaching 1.5 months (44...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 14, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (5/1416) not including new construction there are 56 such homes on the market FOR SALE, another 42 under contract, and 25 that have sold in the last 30 days. Thus the absorption rate (56/25) shows a 2.2 month inventory, which is considered a sellers market.These homes are located on between .08 acres and 55.49 acres of ground with the average being .75 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale, and none that have successfully completed the sales process in the last 30 days.There is at the time of this report, 1 two-bedroom existing detached...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – April 28, 2016 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (4/5282016) there are 7 such homes on the market FOR SALE, another 5 under contract, and 4 that has sold in the last 30 days.  Three BedroomsThere are 7 three-bedroom townhouses in New Market, Md. on the market for sale.  The current list price of these homes ranges from $185,000 to $406,170; with the median being $229,900.  The days on market for these homes ranges from new to the market (1 day) to 4.5 months (135 days); with the median being 1.5 months (48 days).There are 5 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – April 28, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (4/28/16) not including new construction there are 48 such homes on the market FOR SALE, another 48under contract, and 15that have sold in the last 30 days. Thus the absorption rate (48/17) shows a 3.2 month inventory, which is considered a sellers market.These homes are located on between .08 acres and 55.49 acres of ground with the average being .76 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale and none that have successfully completed the sales process in the last 30 days.There is 1 two-bedroom existing detached home under some form of con...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (4/11 -4/17/16)  in New Market Md.  Townhouses 21774 During last week ending on April 17, 2016, no Townhouses in New Market were added to the market, none went under some form of contract, and none completed the sales process.  This brings the count to 7 Townhouses on the market for sale, 5 home under contract and 5 that completing the sales process in the last 30 days.  Those on the market for sale range in list price from $185,000 to $406,170. Those under contract where last listed from $199,900 to $285,000.   Those that have completed the sale process in the last thirty days did so for between $1600,000 and $289,900. If you have any questions about this report, information on existing detached home, or wanting to discuss the possibility of moving into the community or selli...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last Month - March 2016 - New Market, Md. detached homes. A quick look at what has been happening in New Market Md. existing detached homes market for March, 2016.  This report contains a summary starting with March 2015, then February 2016, and finally March 2016. During the month of March 2015, 8 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $235,000 and $472,400 with the median being $336,700.  These amounts where between 60.5% and 104% of the original list price of the homes, with the median being 97.7%.  Seller provided assistance with closing cost on 5 of these homes.  The assistance ranged from $8,500 to $12,000 with the median being $11,697.  In this group of homes 4 were Bank Owned properties. During the month...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (3/21  - 3/28/16) in New Market Md.  21774Last week (ending 3/28/2016)  5detached home in New Market Md. were added to the market for sale,  2 went under contract, and none successfully completed the sales process. This brings the count to 31 on the market for sale, 43 under contract and 10 completing the sales process in the last 30 days. Those still on the market for sale range from $199,900 to $1,250,000.  The last known list price of those currently under some form of contract ranges from $199,900 to $624,900.  Those completing the sales process in the last 30 days have sold between $255,000 and $535,000, with the median being $395,9500.  This report covers only detached home in New Market, if townhouse are of interest please contact me.If you have any questions about this...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (3/21 -3/28/16)  in New Market Md.  Townhouses 21774During last week ending on March 28, 2016, no Townhouses in New Market were added to the market, 1 went under some form of contract, and 1 completed the sales process.  This brings the count to 7 Townhouses on the market for sale, 8 home under contract and 2 that completing the sales process in the last 30 days. Those on the market for sale range in list price from $199,900 to $406,170. Those under contract where last listed from $199,900 to $289,900.   Those that have completed the sale process in the last thirty days did so for between $220,000 and $269,900.If you have any questions about this report, information on existing detached home, or wanting to discuss the possibility of moving into the community or selling your ho...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – March 21, 2016 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (3/21/2016) there are 8 such homes on the market FOR SALE, another 8 under contract, and 1 that has sold in the last 30 days.  Three BedroomsThere are 8 three-bedroom townhouses in New Market, Md. on the market for sale.  The current list price of these homes ranges from $199,900 to $414,237; with the median being $257,450.  The days on market for these homes ranges from approaching 2 weeks (10 day) to 3 months (97 days); with the median being 1.5 months (47 days).There are 6 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $1...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Mar. 15, 2016 Detached homes – New Market Md. This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (3/15/16) not including new construction there are 34 such homes on the market FOR SALE, another 27 under contract, and 17 that have sold in the last 30 days. Thus the absorption rate (34/17) shows a 2 month inventory, which is considered a sellers market.These homes are located on between .08 acres and 55.49 acres of ground with the average being 1.05 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale and none that have successfully completed the sales process in the last 30 days.There is 1 two-bedroom existing detached home under some form of co...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last Month - February 2016 - New Market, Md. TownhouseA quick look at what has been happening in the New Market, Md. zip code existing townhouse market.  This report contains a summary starting with February 2105, then January 2016, and finally February 2106.During the month of February 2015, no existing townhouses in the New Market, Md. zip code successfully completed the sales process.During the month of January 2016, 3 existing townhouses in the New Market, Md. zip code successfully completed the sales process.  These homes sold for between $154,875 and $251,000 with the median being $215,000.  These amounts where between 73.3% and 100% of the last known list price of the homes, with the median being 87.7%. The days on market for these homes ranged from approaching a month (26 days) ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A quick look at what has been happening in New Market Md. existing detached homes market for February, 2016.  This report contains a summary starting with February 2015, then January 2016, and finally February 2016. During the month of February 2015, 14 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $217,000 and $533,000 with the median being $302,450.  These amounts where between 82.1% and 100% of the original list price of the homes, with the median being 96%.  Seller provided assistance with closing cost on 10 of these homes.  The assistance ranged from $1,000 to $14,900 with the median being $6,679.  In this group of homes, 5 were Bank Owned properties. During the month of January 2106, 5 existing detached homes in ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Mar 3, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (03/03/16) not including new construction there are 33 such homes on the market FOR SALE, another 27 under contract, and 11 that have sold in the last 30 days. Thus the absorption rate (33/11) shows a 3 month inventory, which is considered a sellers market.These homes are located on between .05 acres and 55.49 acres of ground with the average being 1.14 acres.  Of the 71 homes in this market report, 32 of them have 2 car garage Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale and none that have successfully completed the sales process in the last 30 days.Th...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – March 1, 2016 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (3/1/2016) there are 7 such homes on the market FOR SALE, another 7 under contract, and 3 that has sold in the last 30 days.  Three BedroomsThere are 6 three-bedroom townhouses in New Market, Md. on the market for sale.  The current list price of these homes ranges from $204,900 to $414,237; with the median being $259,950.  The days on market for these homes ranges from approaching 2 weeks (11 day) to 2.5 months (75 days); with the median being 1.5 months (45 days).There are 6 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $1...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (2/15  - 2/21/16) in New Market Md.  21774Last week (ending 2/21/2016)  4 detached home in New Market Md. were added to the market for sale,  2 went under contract, and 2 successfully completed the sales process. This brings the count to 25 on the market for sale, 28 under contract and 8 completing the sales process in the last 30 days. Those still on the market for sale range from $224,900 to $1,250,000.  The last known list price of those currently under some form of contract ranges from $199,900 to $624,900.  Those completing the sales process in the last 30 days have sold between $206,000 and $835,000, with the median being $388,000.  This report covers only detached home in New Market, if townhouse are of interest please contact me.If you have any questions about this rep...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Feb 18, 2016 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (2/18/2016) there are 8 such homes on the market FOR SALE, another 5 under contract, and 3 that has sold in the last 30 days.  Three BedroomsThere are 8 three-bedroom townhouses in New Market, Md. on the market for sale.  The current list price of thses homes ranges from $199,900 to $414,237; with the median being $234,900.  The days on market for these homes ranges from new to the market (3 day) to 3 months (93 days); with the median being over 1 month (33 days).There are 4 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $220,...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Feb. 14, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (2/14/16) not including new construction there are 24 such homes on the market FOR SALE, another 28 under contract, and 7 that have sold in the last 30 days. Thus the absorption rate (24/7) shows a 3.4 month inventory, which is considered a normal market.These homes are located on between .05 acres and 55.49 acres of ground with the average being 1.29 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale and none that have successfully completed the sales process in the last 30 days.There is 1 two-bedroom existing detached home under some form of cont...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A quick look at what has been happening in New Market Md. existing detached homes market for January, 2016.  This report contains a summary starting with January 2015, then December 2015, and finally January 2106. During the month of January 2015, 10 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $194,000 and $525,000 with the median being $418,000.  These amounts where between 83.6% and 100.3% of the original list price of the homes, with the median being 97.2%.  Seller provided assistance with closing cost on 7 of these homes.  The assistance ranged from $2,500 to $13,650 with the median being $8400.  In this group of homes, 3 were Bank Owned properties. During the month of December 2015, 16 existing detached homes in...
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